GoPlus issued a security alert about a fraud group that controlled realtrumpcoins.com and the @realtrumpcoins1 account. The group maliciously launched the GOLD token, drove its market capitalization to $60 million and then rapidly sold its holdings in a rug pull, earning more than $8.2 million. The investigation found that the developer’s initial funding came from KuCoin, while 15 other operator addresses received their initial funding from Binance. The group also deployed PLATINUM, whose contract contains malicious code that can potentially transfer all funds from any holder’s balance at any time. GoPlus warned users not to buy the token.